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Keyword: Inflation

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Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

The consumer price index increased to 2% annualized

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At 2% annualized, inflation is mostly subdued

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Country sees largest monthly increase since August 2009

Compared to one year ago, consumers paid about 8% more on mortgage interest

American dollars

Modest inflation means the Fed can be patient on rates

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Broad-based price gains include costs for mortgage interest, vegetables and car insurance

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Some economists expect inflation to pick up as the benefits of higher wages flow through the economy

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

The rate aligned with consensus, and the Bank of Canada's core inflation measures held steady

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Inflation remains on the Fed's target, showing few signs of shifting

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Find out why the latest economic data is unlikely to affect monetary policy